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New York BBB Wise Giving Report for
Fund for Public Schools

A BBB Accredited charity


  • Meets all standards

Expiration Date:
The Fund for Public Schools
Formerly known as:
52 Chambers Street
Room 305
New York, NY 10007
Year, State Incorporated:
1982, New York
Stated Purpose:
" Dedicated to improving New York City's Public Schools by attracting private investment in school reform and encouraging greater involvement by all New Yorkers in the education of our children. "

Evaluation Conclusions

The Fund for Public Schools meets the 20 Standards for Charity Accountability.


The Fund for Public Schools seeks to inspire belief in public schools and encourages all New York City residents to support their public schools. The organization partners with leading corporations and organizations to drive awareness of the needs of NYC public schools and raises critical funds to meet those needs. In addition, the organization has initiated many school-based partnerships to create new libraries, playgrounds and other projects that benefit individual schools.


Chief Executive Officer:
Ms.Iris Chen, Executive Director
Chair of the Board:
Mr. Dennis Walcott
Chair's Profession / Business Affiliation:
New York City Department of Education/ Chancellor
Board Size:
Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Grant proposals, internet
Fund raising costs were 2.7% of related contributions. (Related contributions, which totaled $22,173,886, are donations received as a result of fund raising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


The following information is based on The Fund for Public School's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Contributions and grants


Donated services


Interest income


Net investment earnings (losses)


Total Income


Program Expenses  

Program Services

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income




Uses of Funds as a % of Total Expenses

Programs: 93%  Fund Raising: 2%  Administrative 5% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $32,265,218
Ending net assets 28,143,570
Total liabilities 10,092,453

Total assets



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This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.